Member Info for Ortus

Where are people seeing real-time trades? Only paid services?

Not on HL yet ......

Just looking into this one looks like I have some digging to do. Anyone know the deal with all the large sells today?

I'm hoping that HL would get the Bed & ISA back online in time for when BOU starts trading again. If not, what a lovely problem to have.......

Very true Fulmar we should set our own strategy and ignore the daily noise.

Graham, £150M is too low for NvS IMO. He already rejected bids and I imagine they wouldn't be too far off that amount considering the reputation of the area.

As NvS stated last week, 15 targets within the license area which could hold multiple tier 1 deposits. How do you put a price on that when we're only working on the first bunch?

I reckon they'll be multiple transactions for different areas of the license, or an absolute whopper of a bid for the lot. And I mean bigger than £400M.

Yes £40M but some II's are up to speed with the project and know what decent results will do to the share price with AA waiting to pounce. They'll be building now IMO.

4p paid.
It's getting exciting now as expected when II's jump in ;o)

Expecting a good week here.
Some decent money should be coming in ahead of drill news. It looks like ARCM is beginning to appear on the right radars.

Results should be interesting considering a mineralisation hit at Fwiji was mentioned, and they're now drilling deeper for sulphides, not oxides like last year. So I'd expect a bigger SP reaction if good sulphide grades are reported.

Suphides + Anglo = Yes please!!

So what about the SP?

London based institutions have already approached us and explained that their getting in point would be an MCAP of around $50M (£40M). More mineralisation hits to be reported within the next couple of weeks should take us well beyond.

This to me takes us to new levels with serious sticky investment being close and I'm expecting serious momentum between now and the the 6 month Anglo timeframe.

"We're extremely confident that we're sitting on multiple tier 1 targets"

6 month exclusivity deal with Anglo in place

Offers received from other majors

£35M MCAP

Let that sink in......

Not much left under 4p should break though on the ask soon.

RossTo1
If that's your decision based on your own research, confidence and attitude to risk then great.
I'm sharing my personal thoughts only.

Not weeks
I'm holding for the Anglo commercial transaction so end of year minimum.

Appreciate some may top slice and fair play but those that understand the end game will win big IMO.

DYOR

I wonder if we'll have a Tuesday RNS?
(fingers crossed emoji)

Good post HawaiifiveO
We have a great opportunity and 1p is the first target for me.

Here's hoping!

5 bagger would be 20M MCAP.
50 bagger would be 200M MCAP.

Interested to understand how do you get to your valuation guys?

The anticipation of news before next Wednesday's investor call should push us towards 4p. Surely an update on sulphides.

In order for an exclusivity deal to be struck with Anglo some kind of agreement in principle with a potential value against the 'commercial transaction' must have been discussed. I wonder if we'll learn more on this?

For what it's worth I can't see this ending with an earn in JV. I don't think NvS likes this idea as it gives away too much % plus we don't need the money for 2 years.

Considering we have 13 targets and Anglo won't want to be exploring these themselves. I reckon the aim is for them acquire part of the license area and then ARCM carry on with the other targets.

Imagine 2 or 3 tier 1 assets up for grabs with AA on first refusal.

I sense we're about to see an upturn here very soon.
The Co are becoming more active in their efforts and appear to be readying themselves for the next stage of growth here.

I'm expecting something positive very soon to stir up this tiny MCAP.